Four ASEAN Central Banks Sign MoU On Local Currency Transaction Framework

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI), the Bank of Thailand (BOT), and Bangko Sentral ng Pilipinas (BSP) today signed a memorandum of understanding (MoU) on cooperation under the Local Currency Transaction (LCT) Framework.

More Than 30 Local ATE Companies In Penang, At Least 10 Listed On Bursa Malaysia

GEORGE TOWN, Nov 13 (Bernama) -- Penang is currently home to more than 30 local Automated Test Equipment (ATE) companies, at least 10 of which are listed on Bursa Malaysia, with a combined market capitalisation of approximately RM40 billion.

Penang's Shared Automated Test Equipment Lab Set To Begin Operations In 1Q 2027 -- Chow

GEORGE TOWN, Nov 13 (Bernama) -- The Shared Automated Test Equipment (ATE) Lab under the Penang ATE Campus initiative is expected to begin operations in the first quarter (1Q) of 2027, providing local companies with access to advanced technology, equipment, software and expertise to strengthen their product development capabilities.

Bursa Malaysia's Key Index Opens Lower As Nvidia Turmoil Rattles Wall Street

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia’s key index opened lower on Friday, tracking US Wall Street’s overnight decline amid mounting concerns over Nvidia’s leadership crisis.

EcoWorld, NS Corp Eye Potential Partnership To Develop Industrial Water Supply Solutions

KUALA LUMPUR, Nov 12 (Bernama) -- Eco World Development Group Bhd (EcoWorld) and NS Corporation (NS Corp) will explore a potential collaboration on the development of industrial water supply solutions for industrial parks. 

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia extended its losing streak for a fourth consecutive session, closing lower on Thursday amid continued broad-based selling that weighed on market sentiment, an analyst said.

Chery’s LEPAS L6 EV Completes 700km Drive With Global Ambassadors

KUALA LUMPUR, Nov 10 (Bernama) -- Chery Auto’s premium new energy vehicle (NEV) brand LEPAS took 34 ambassadors from 15 countries, including journalists from motoring media outlets, on a drive of nearly 700 kilometres (km) in its LEPAS L6 EV from Shanghai to Wuhu.

PKT, Daiso Malaysia To Strengthen Logistics Efficiency Through Collaboration

KUALA LUMPUR, Nov 5 (Bernama) -- PKT Logistics (M) Sdn Bhd has entered into a strategic collaboration with Daiso Malaysia Group Sdn Bhd to improve logistics efficiency.

Sabah, Sarawak Not Sidelined, Prioritised In Rural Road Allocations – Tengku Zafrul

KUALA LUMPUR, Nov 1 (Bernama) -- Sabah and Sarawak have never been sidelined in rural road development, with allocations for the two states set to nearly triple between 2023 and 2027 compared with the preceding five years, Tengku Datuk Seri Zafrul Abdul Aziz said.

Suria Component-Suzhou CEPP JV To Invest RM20 Mln In Auto Pedal Technology

CYBERJAYA, Oct 30 (Bernama) -- Suria Component Manufacturing and Suzhou CEPP Electronics plan to invest about RM20 million in stages to develop next-generation automotive pedal technology, starting with an initial investment of RM5 million for the first phase.

SkyDrive Teams Up With Six Singapore Tech Firms On eVTOL

KUALA LUMPUR, Oct 30 (Bernama) -- Japanese electric vertical take-off and landing (eVTOL) aircraft developer, SkyDrive Inc has signed a memorandum of understanding (MOU) with six Singapore-based technology companies for joint research, development and technical validation of key eVTOL components.

Pahang's RM850 Mln Chereh Dam Solar Project To Create 1,500 Jobs

KUANTAN, Oct 29 (Bernama) -- A RM850 million floating solar photovoltaic (PV) project at Chereh Dam in Pahang is expected to create about 1,500 jobs and generate clean electricity equivalent to the annual consumption of 100,000 households.